Negotiation means when two individuals discuss a decision and they both reach an agreement that they’re both happy with.
Mediation and negotiation are joint but different. Mediation is an extension of negotiation and it involves a thirty party to help negotiate an acceptable agreement.
Negotiation and mediation both have similarities to each other like they both come down to a climax for a good outcome, secondly the similarity in the elimination of psychological barriers.
In negotiation, the parties work out the conflict together about negotiating and at the end of the result, there is an acceptable agreement. Secondly, the mediation helps the parties to attain a resolution. The mediator takes forward the discussion but the conflict doesn’t get solved.